MBMV Invests in International Bio-tech Startup Arcensus from Rostock

Published February 22nd, 2022 - 06:35 GMT

MBMV Invests in International Bio-tech Startup Arcensus from Rostock
As part of the current investment-series the Mittelständische Beteiligungsgesellschaft Mecklenburg-Vorpommern (MBMV) are investing a single-digit million to further expand into the US and GCC regions.
Highlights
Based on Whole Genome Sequencing (WGS) Arcensus GmbH, Rostock/Berlin/New Jersey makes it possible to detect rare as well as frequent disorders

Based on Whole Genome Sequencing (WGS) Arcensus GmbH, Rostock/Berlin/New Jersey makes it possible to detect rare as well as frequent disorders such as cancer or heart diseases at the earliest stage in order to start preventive and personalized treatment.

One year after Arcensus was founded, fresh capital is now being raised for further expansion. As part of the current investment-series the Mittelständische Beteiligungsgesellschaft Mecklenburg-Vorpommern (MBMV) are investing a single-digit million to further expand into the US and GCC regions.

For MBMV, it is a very special investment, as Managing Director Dr. Thomas Drews reveals: "With Arcensus, we are investing in a very experienced and well-known team and in a technology which, in precisely this combination, has the potential to make a major contribution to the prevention of diseases and the cure of rare diseases". He continues: "In addition, we are proud that a local company from Rostock is able to play as a figurehead at the top of the international biotech scene.”

Indeed, the team around Prof. Dr. Arndt Rolfs is no stranger to the bio-tech scene. Prof. Dr. Arndt Rolfs, a neurologist, has already taken his rare-disease company CENTOGENE, founded in 2006, public in 2019, in which MBMV was also invested.

At Arcensus Prof. Rolfs and his international team want to use the accumulated experiences in the field of the WGS technology in combination with a clear focus on the game-changing artificial intelligence (AI) based deep interpretation of DNA information to enable customers to get the best insight in preventable diseases.

Prof. Rolfs commented on the investment as follows: "With MBMV we are extremely happy to have a well-known partner and extremely trustful partner at our side who shares our vision: Empowering people with genomics and medical insights to understand and improve their health to achieve a great and lasting quality of life and save lives".

Background Information

Arcensus

Arcensus GmbH offers sophisticated genomics testing and preventive health services to give all individuals certainty and actionable insights about their health. The basis of the knowledge-generating direct-to-consumer business is an innovative WGS strategy. WGS captures all genetic variants that are missed in a single gene or panel testing. The direct-to-consumer business model allows the early identification of individuals suffering from a potential genetic disorder or those at risk for such problems. Such a strategy is particularly valuable when diseases are life-threatening or even fatal as sudden death or aortic dissection at their first presentation.

From our headquarters in Rostock and Berlin, Germany, a cross-functional team of genetic experts, medical doctors, and data scientists works to make the most sophisticated and best genetic interpretation with medical and health prevention applications accessible to everyone.

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